new insurance categories

[Roo]

Picked this up from specjap. Although by the sounds of it most insurance companies should have already implemented it so this may be a repost.

 

Looks like they are restructuring insurance categories... So welcome to band 45... another excuse to charge more money next year.

 

Maybe one of the afiliated insurers could let us know what the likly impact if any will be.

 

http://www.thatcham.org/research/index.jsp?page=33

[JetSet]

Had my renewal through from Axa yesterday, gone up another £50 to £532, could have been a lot worse I guess

 

 

Pete

[Ekona]

This happened at least three years ago IIRC. It's all a bit irrelevant though as there's so much more that effects your premium than just what car you drive.

[narcotix]

I only just found out about the chane in insurance groups last week too ...

 

I read somewhere that it should now be roughly double what it used to be... and if it's more than double, then your insurance policy is likely to go up slightly ...

 

Great!

[Sam Mcgoo]

So we are now group 45 out of 50.

 

http://www.thatcham.org/abigrouprating/ ... p?page=347

 

ABI Code Manufacturer Model Series Year CC Fuel Type Gear Box No. of Doors Body Type Group (1-20) Group (1-50) Group Type Security

 

355 253 01 NISSAN 350Z (276) COUPE 1 2003 - 2006 3499 P M 2 18 45 E T1

355 253 02 NISSAN 350Z GT COUPE 1 2003 - 2007 3499 P M 2 T1

355 256 01 NISSAN FAIRLADY Z (350 Z) 1 2003 On 3499 P M 2 G

355 113 01 NISSAN SILVIA 1998 P M 2 G

1 - 4 of 4

[Beavis]

Moved

[skyinsurance]

Maybe one of the afiliated insurers could let us know what the likly impact if any will be.

 

 

The revised groupings will make little or no difference to the price you pay, they are only there a a rough guide and insurers use their own ratings generally. You need to worry more about rising personal injury claims, fraudulent claims and increasing car repair costs pushing up the prices.

 

Ollie

Sky Insurance

[buster]

pretty strange that the zed goes from 18 to 45 and the s2000 from 20 to 40...doesnt make sence to me.

got a quote for an s2000 yesturday and it was nearly double what i pay for the zed with the same company.go figure?

[skyinsurance]

pretty strange that the zed goes from 18 to 45 and the s2000 from 20 to 40...doesnt make sence to me.

got a quote for an s2000 yesturday and it was nearly double what i pay for the zed with the same company.go figure?

 

As mentioned, the groupings are rough guides only, S2000's carry horrendous claims/loss ratios, for us they are much more of a risk than 350Z's.

[Roo]

Thanks for that. Just a case of shopping round best we can then. Ho hum...